Promoting Green Local Currency Bonds For Infrastructure Development In Asean 3
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Promoting Green Local Currency Bonds for Infrastructure Development in ASEAN+3
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 231 |
Release | : 2018-04-01 |
Genre | : Business & Economics |
ISBN | : 9292611135 |
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The Asian Development Bank and the Association of Southeast Asian Nations and the People's Republic of China, Japan, and the Republic of Korea (ASEAN+3) are looking to explore options to promote green local currency-denominated bonds to meet the region's infrastructure development needs. Green bonds---supported within the ASEAN+3 framework---would help meet the long-term financing of the region especially in its transition to a low-carbon region. This publication highlights an assessment study of green bond markets in ASEAN+3, identifies the barriers to green bond market development, and proposes recommendations to scale up green bond markets for infrastructure development in ASEAN+3.
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